Libs Gripe as Companies Announce Bonuses, After Tax Bill Passes

Business
December 21st, 2017 2:45 PM
Good news for the economy came quickly on the heels of the Republican-driven tax bill. AT&T, Boeing, Wells Fargo, Comcast and others announced employee bonuses or wage increases, additional contributions to training, charitable efforts and facilities, and U.S. investment. Some directly attributed the decision to changes that will affect them in the tax legislation.
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After Calling Tax Plan ‘Fantasy,’ NBC Dismisses Proof It Was Wrong

December 21st, 2017 1:00 PM
After NBC’s Today co-host Savannah Guthrie accused House Speaker Paul Ryan of “living in a fantasy world” on Wednesday for predicting that tax reform legislation would encourage businesses to raise wages for their employees, on Thursday, the network morning show tried its best to deny the reality that several major companies announced that they would be doing exactly that.

Top 10 Ways Media Distorted Business, Economic News in 2017

Business
December 18th, 2017 10:27 AM
Liberal media bias has existed for years, but in 2017, it appeared to reach unprecedented levels given the media’s hostility to President Donald Trump. The media distorted many stories in 2017, in many different ways. They ranged from lies such as Al Gore’s claim that “Superstorm Sandy” proved a global warming prediction from An Inconvenient Truth was true, to using Big Bird to mislead about…
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Knowledgeable Net Neutrality Foe's 'Legalese' Angers MSNBC's Velshi

December 17th, 2017 5:17 PM
On Thursday, MSNBC's Ali Velshi interviewed former FCC commissioner Robert McDowell about that agency's move to eliminate the Obama administration's "Open Internet Order," better known as its "net neutrality" regulations. Velshi was in over his head, and as people who find themselves in such a situation often do, he resorted to hostility, bluster, and an accusation of condescension to try to make…

USA Today Lamely Claims NLRB Is Overturning 'Worker-Friendly' Rules

December 16th, 2017 12:51 PM
USA Today reporter Paul Davidson apparently doesn't understand that policies which help workers get hired and keep their jobs are more "worker-friendly" than those designed to line trial lawyers' pockets and help labor unions coerce companies into dealing with them. At least twice this year, Davidson, in his headlines and his content, has characterized moves by the federal government's National…
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Obama-Era Cheerleader Liesman Downplays Economy's Third-Quarter Growth

December 2nd, 2017 9:41 AM
At CNBC Wednesday morning, just after the release of the government's GDP report, Squawk Box panelist Steve Liesman appeared to do everything he could to downplay the significance, and even the relevance, of the 3.3 percent annualized growth estimate. At the end of the segment, he gave away his ignorance when he expressed outrage that the tax bill currently under consideration in Congress, while…
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Ali Velshi at MSNBC Wrong About Tax Plan's Impact, Doesn't Know It

December 1st, 2017 8:16 AM
MSNBC's Ali Velshi and co-host Stephanie Ruhle apparently gained a bit of far-left street cred in August when they fiercely berated a Donald Trump supporter with an usually strong dose of condescension, telling him that "you can't just lie on TV" about the economy. On Monday, Velshi lied about the estimated impacts on various income groups of the GOP tax plan published by Congressional Budget…

National Media Not Interested as Philly Soda Tax Collections Flounder

November 30th, 2017 10:07 AM
In June of last year, with much national media fanfare, the City of Philadelphia passed a dishonestly named "soda tax." The levy of 1.5 cents per ounce, which taxes not only sugar-sweetened beverages but also drinks containing "any form of artificial sugar substitute, including stevia, aspartame, sucralose, neotame, acesulfame potassium (Ace-K), saccharin, and advantame" after it took effect on…

Giving Thanks: 10 Companies That Give Back to Vets, Teens and More

Business
November 22nd, 2017 9:18 AM
Amid the turkey dinners, tinsel and twinkle lights the holiday season from Thanksgiving through Christmas is also known for charitable giving — people serve meals to the homeless, donate to food and clothing drives, and provide gifts to children in need.
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Nets Fear Political Conspiracy in DOJ Blocking Media Merger

November 21st, 2017 5:05 PM
On Tuesday, all three network morning shows fretted over the Justice Department filing a lawsuit to block a planned merger between telecommunications giants AT&T and Time Warner. Hosts and correspondents warned of “politics” being “at play” in the decision and touted how critics were “raising concerns about the motive behind the government’s legal challenge.”

AP's Paul Wiseman Smears GOP Tax Plan as 'Trickle Down'

November 20th, 2017 11:56 PM
At the Associated Press on Friday, economics writer Paul Wiseman attempted to rewrite history, pretending that "trickle down" economics is a term Republicans have used for their economic plans since the days of Ronald Reagan, and that the current GOP tax plan which has made it through the House and is being considered by the Senate is more of the same thing. In fact, Reagan's policies, which were…

Media Push Lefty Attack on Billionaires, Fail to Note Richest Are Libs

Business
November 14th, 2017 11:17 AM
Three billionaire CEOs have more wealth combined than the poorest half of the U.S. population and that’s a problem, according to a left-wing think tank and the liberal press. Only they didn’t seem to realize what they were saying. A "progressive" group, The Institute for Policy Studies,  released the study complaining about income inequality and the 400 richest Americans, but specifically…

Yahoo Sports Writer Thinks NFL 'Attendance' Means Who 'Showed Up'

November 13th, 2017 4:01 PM
Jay Busbee has been a "writer for Yahoo Sports since 2008" who "has covered the Super Bowl, the Daytona 500, the Masters, the Indianapolis 500, the Kentucky Derby, the Final Four, NBA, NCAA football, and the MLB playoffs." It's hard to believe that someone with this level of experience can actually believe that reported "attendance" at National Football League games represents the number of…

Ignorance Versus Stupidity

November 8th, 2017 12:32 AM
One of the most challenging and important jobs for an economics professor is to teach students how little we know and can possibly know. My longtime friend and colleague Dr. Thomas Sowell says, "It takes considerable knowledge just to realize the extent of your own ignorance." Nobel laureate Friedrich August von Hayek admonished, "The curious task of economics is to demonstrate to men how little…